NVIT vs. BUYW
NVIT (YieldMax NVDA Performance & Distribution Target 25 ETF) and BUYW (Main Buywrite ETF) are both Derivative Income funds. Both are actively managed. At a 0.22 correlation, their price movements are largely independent. NVIT charges 1.08%/yr vs 1.29%/yr for BUYW.
Performance
NVIT vs. BUYW - Performance Comparison
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Returns By Period
In the year-to-date period, NVIT achieves a 15.44% return, which is significantly higher than BUYW's 3.39% return.
NVIT
- 1D
- -2.67%
- 1M
- 6.72%
- YTD
- 15.44%
- 6M
- 19.59%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BUYW
- 1D
- 0.35%
- 1M
- 0.99%
- YTD
- 3.39%
- 6M
- 4.27%
- 1Y
- 9.76%
- 3Y*
- 8.73%
- 5Y*
- —
- 10Y*
- —
NVIT vs. BUYW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NVIT YieldMax NVDA Performance & Distribution Target 25 ETF | 15.44% | 3.48% |
BUYW Main Buywrite ETF | 3.39% | 2.01% |
Correlation
The correlation between NVIT and BUYW is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 19, 2025 | 0.22 |
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Return for Risk
NVIT vs. BUYW — Risk / Return Rank
NVIT
BUYW
NVIT vs. BUYW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax NVDA Performance & Distribution Target 25 ETF (NVIT) and Main Buywrite ETF (BUYW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| NVIT | BUYW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 2.03 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.37 | 1.17 | +0.21 |
Drawdowns
NVIT vs. BUYW - Drawdown Comparison
The maximum NVIT drawdown since its inception was -11.11%, which is greater than BUYW's maximum drawdown of -9.36%. Use the drawdown chart below to compare losses from any high point for NVIT and BUYW.
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Drawdown Indicators
| NVIT | BUYW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.11% | -9.36% | -1.75% |
Max Drawdown (1Y)Largest decline over 1 year | — | -2.59% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -9.36% | — |
Current DrawdownCurrent decline from peak | -6.77% | -0.21% | -6.56% |
Average DrawdownAverage peak-to-trough decline | -2.86% | -0.61% | -2.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.48% | — |
Volatility
NVIT vs. BUYW - Volatility Comparison
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Volatility by Period
| NVIT | BUYW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.02% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 4.03% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 29.08% | 4.85% | +24.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.08% | 8.47% | +20.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.08% | 8.47% | +20.61% |
NVIT vs. BUYW - Expense Ratio Comparison
NVIT has a 1.08% expense ratio, which is lower than BUYW's 1.29% expense ratio.
Dividends
NVIT vs. BUYW - Dividend Comparison
NVIT's dividend yield for the trailing twelve months is around 12.36%, more than BUYW's 5.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
BUYW Main Buywrite ETF | 5.91% | 5.89% | 5.93% | 5.95% | 0.50% |
NVIT YieldMax NVDA Performance & Distribution Target 25 ETF | 12.36% | 2.37% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
NVIT and BUYW have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NVIT is cheaper at 1.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NVIT is cheaper with a 1.08% expense ratio, compared with 1.29% for BUYW.
NVIT has the higher dividend yield at 12.36%, compared with 5.91% for BUYW.
They also come from different issuers: YieldMax and Main Funds. Their fees differ too: 1.08% for NVIT and 1.29% for BUYW.
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